Compassionate Hope Foundation

The information on this page was last updated 3/20/2023. If you see errors or omissions, please email: [email protected]


Summary

Compassionate Hope is a global charitable organization providing hope and a future to victims and potential victims of human trafficking and religious persecution in Southeast Asia.


Contact information

Mailing address:
Compassionate Hope Foundation
111 GLORYLAND LANE
ANTIOCH, TN 37013

Website: compassionatehope.org

Phone:

Email: [email protected]


Organization details

EIN: 274431021

CEO/President: Al Henson

Chairman: Al Henson

Board size: 7

Founder: Al Henson

Ruling year: 2012

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2020


Purpose

We believe the Bible to be the inspired, the only infallible, the authoritative Word of God.


Mission statement

Compassionate Hope is a global charitable organization focused on providing hope and a future to victims and potential victims of human trafficking and religious persecution in Southeast Asia.

We serve "the least of these"-children who are vulnerable to human trafficking and sexual exploitation.

We provide loving homes in which "at risk" children's needs are met: physical, emotional, educational, vocational, social, and spiritual. Our commitment to our children is to help them receive education and training through university, Bible college, or vocational training-thus, ending the cycle of poverty in a family that too often leads to human trafficking.


Statement of faith

Donor confidence score

Show donor confidence score details

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating144 of 111019 of 146
Fund acquisition rating77 of 11119 of 146
Resource allocation rating206 of 111130 of 146
Asset utilization rating602 of 111072 of 146

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%0%1%7%2%2%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%0%1%6%2%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%100%82%87%89%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%0%1%7%2%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%0%18%13%11%0%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%92%87%78%82%94%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%80%81%85%85%115%
Program output ratio Program output ratio =
Program services /
Total revenue
82%73%70%66%70%108%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%20%19%15%15%-15%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%33%41%38%53%-53%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
8%7%13%15%16%5%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.331.261.661.962.864.10
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.241.001.011.011.021.00
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.021.271.671.972.904.11
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
18.81354.4620.5615.7219.5791.81
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.000.050.060.050.01
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.629.456.855.693.922.89
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
7%0%5%6%5%1%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
67%79%57%48%33%24%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$2,109,631$2,010,998$1,159,332$709,936$325,730
Receivables, inventories, prepaids$17,152$53,010$15,579$35,693$512
Short-term investments$0$0$55,092$0$16,563
Other current assets$0$0$0$0$0
Total current assets$2,126,783$2,064,008$1,230,003$745,629$342,805
Long-term investments$0$0$0$0$1,100
Fixed assets$8,190$13,122$11,050$11,692$0
Other long-term assets$0$0$0$0$0
Total long-term assets$8,190$13,122$11,050$11,692$1,100
Total assets$2,134,973$2,077,130$1,241,053$757,321$343,905
 
Liabilities20222021202020192018
Payables and accrued expenses$6,000$87,990$68,982$37,103$3,734
Other current liabilities$0$12,417$9,250$1,000$0
Total current liabilities$6,000$100,407$78,232$38,103$3,734
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$6,000$100,407$78,232$38,103$3,734
 
Net assets20222021202020192018
Without donor restrictions$120,493$612,069$1,096,436$683,900$235,763
With donor restrictions$2,008,480$1,364,654$66,385$35,318$104,408
Net assets$2,128,973$1,976,723$1,162,821$719,218$340,171
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$3,382,929$3,471,038$2,504,562$2,254,654$1,230,549
Program service revenue$0$784,233$354,498$229,919$0
Membership dues$0$0$0$0$0
Investment income$4,124$850$48$3$8
Other revenue$0$0$12,711$58,760$0
Total other revenue$4,124$785,083$367,257$288,682$8
Total revenue$3,387,053$4,256,121$2,871,819$2,543,336$1,230,557
 
Expenses20222021202020192018
Program services$2,486,707$2,985,952$1,902,199$1,775,562$1,325,259
Management and general$196,675$434,514$353,832$349,808$63,854
Fundraising$10,758$21,752$172,186$38,919$21,178
Total expenses$2,694,140$3,442,218$2,428,217$2,164,289$1,410,291
 
Change in net assets20222021202020192018
Surplus (deficit)$692,913$813,903$443,602$379,047($179,734)
Other changes in net assets$0$0$0$0$0
Total change in net assets$692,913$813,903$443,602$379,047($179,734)

Compensation

NameTitleCompensation
Al HensonPresident$135,000
Catherine DoyleTreasurer$13,500

Compensation data as of: 12/31/2022


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 3/20/2023. To update the information below, please email: [email protected]


History


Program accomplishments

Our 55+ Homes of Hope in Southeast Asia welcome these children into a loving, family environment where their physical, spiritual, emotional, educational, and vocational needs are met


Needs